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Property profile & analytics
OFF-MARKET
Estimated value
$4,280,000
Office buildings
1511 Washington Ave 310 Golden, CO 80401-1976
Individually Owned
3-yr Hold
Free & Clear
Property ID
US13-0907785
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1964
Construction
STEEL FRAME
Total area
12,454 SF
Lot
0.51 ac (22,086 SF)
APN
30-342-11-018
UPID
US13-0907785
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.38M
CAP Approach
CAP
$3.00M
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$4.28M
Owner & transaction history
State Of Colorado · 3 yrs held
State Of Colorado
since 2023
Last sale
$4.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Golden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Golden submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,335,000
ML approach
$4,380,000
CAP Approach
CAP Return
Estimation
6%
$3,245,000
6.5%
$2,995,000
7%
$2,780,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,095,000
Current use
RESTAURANT
$5,095,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,990,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$4.28M
Range $3.85M – $4.71M · ±10% · vs last sale $4.20M (May 18 2023)
Last sale anchor
$4.20M
May 18 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$344 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$39,410
Tax year 2023
Assessed value
$411,190
Assessed 2023
Previous assessed
$411,190
+0.0% YoY
Effective rate
9.58%
On assessed value
Assessed land
$246,480
Assessed improvement
$164,710
Land market value
$883,440
Improvement market value
$590,360
Total market value
$1,473,800
Applied tax rate
5,033.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1964
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
3
Units
1
Total area
12,454 SF
Lot
0.51 ac (22,086 SF)
APN
30-342-11-018
UPID
US13-0907785
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.1M
RESTAURANT
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$5.0M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
State Of Colorado
Individual
Free & Clear · 3 yrs held
Mailing address
1500 ILLINOIS ST, GOLDEN, CO 80401-1887
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2023
$4,200,000
State Of Colorado
Paul B Trost
Special Warranty Deed
—
May 3, 2023
—
Mtarri INC
Mine Development And Engineering Co
Quit Claim Deed
related
—
Mar 27, 2023
$17,611
Mtarri INC
Mine Development And Engineering Co
Quit Claim Deed
related
—
—
—
Paul B Trost
—
Deed Of Trust
related
$187,000 · Colorado Business Bank NA
—
—
Paul B Torst
—
Deed Of Trust
related
$196,583 · Wells Fargo Bank West NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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